Benefits of having a will
Protect Your Home
If you own your main residence or other properties in your sole name, your next of kin may not automatically be entitled to inherit if you die without a will.
Protect Your Assets
Specify who you want your assets to pass to and on what terms.
Protect Your Partner
If you are not married or in a civil partnership, your partner may not be entitled to anything.
Name Your Children’s Guardian
If you have children under the age of 18, you will need to appoint a legal guardian in the event both parents die. If you don’t, the decision could be left to the courts.
Protect your Children
Ensure your children / stepchildren / foster children are provided for financially. You can consider setting up a Trust in your will, so wealth is used according to your wishes.
Appoint an Executor / Trustee
Choose who will administer your estate after your death and ensure that your assets pass on to your beneficiaries. Appointing a professional and impartial Executor and Trustee can ensure your estate is dealt according to your wishes.
Inheritance Tax Considerations
Whilst your spouse or civil partner may inherit your estate tax free, your estate may be taxable for your children and grandchildren.
We can help
Scottish Widows is working with Hugh James Solicitors to offer you a will writing service that can assist you in planning the future of your assets. They will guide you through a range of questions to ensure that you are prepared for any eventuality.
Why do your will with Hugh James?
Hugh James Solicitors is a top 100 UK law firm with offices in England and Wales.
Scottish Widows Limited is part of the Lloyds Banking Group. Lloyds Banking Group and Hugh James Solicitors have been working together over the last decade, helping thousands of customers with their wills.
Lloyds Bank offer a professional Executor and Trustee service which may be an option for you, making your decisions easier and simpler.
If you already have a will, Hugh James can review it.
If you live in Scotland Hugh James will pass your enquiry to their partner law firm Brodies LLP.
To learn more, or speak to one of the expert team at Hugh James Solicitors, visit their website or give them a call.
Call the Hugh James team on 02922 676124.